- Israel
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- Real Estate
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- TASE:GCT
G City Third Quarter 2024 Earnings: ₪0.72 loss per share (vs ₪1.93 loss in 3Q 2023)
G City (TLV:GCT) Third Quarter 2024 Results
Key Financial Results
- Revenue: ₪643.0m (up 7.7% from 3Q 2023).
- Net loss: ₪131.0m (loss narrowed by 62% from 3Q 2023).
- ₪0.72 loss per share (improved from ₪1.93 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
G City shares are up 7.0% from a week ago.
Risk Analysis
It is worth noting though that we have found 3 warning signs for G City (1 is a bit concerning!) that you need to take into consideration.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About TASE:GCT
G City
Through its subsidiaries, owns, develops, manages, and operates supermarket-anchored urban shopping centers and retail-based mixed-use properties in Israel, North America, Brazil, and Northern and Central Europe.
Good value with mediocre balance sheet.
